Shemaroo Entertainment Limited has informed the Exchange about Investor Presentation
May 13, 2025
Listing Department, National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex Bandra (E), Mumbai-400 051. NSE Symbol: SHEMAROO
Corporate Relationship Department, BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001. Scrip Code : 538685
Dear Sir/Madam,
Re: SHEMAROO ENTERTAINMENT LIMITED - ISIN: INE363M01019
Sub: Earnings Con. Call Presentation – Intimation under Regulation 30(6) of SEBI
(LODR), Regulations, 2015
Please find enclosed herewith Earnings Presentation of Shemaroo Entertainment Limited for quarter and financial year ended March 31, 2025 (Q4-FY25/FY25).
The same is also disseminated on the website of the Company i.e. www.shemarooent.com
Kindly take the above on record and oblige.
Thanking you,
Yours faithfully, For Shemaroo Entertainment Limited
Pooja Sutradhar Company Secretary & Compliance Officer ICSI Membership No.: A40807
Encl: as above
SHEMAROO ENTERTAINMENT LIMITED Shemaroo House, Plot No. 18, Marol Co - Op. Industrial Estate, Off Andheri Kurla Road, Andheri (E), Mumbai - 400 059. Tel.: +91 - 22 4031 9911 | Email: shemaroo@shemaroo.com shemarooent.com | CIN: L67190MH2005PLC158288
Shemaroo Entertainment Limited
EARNINGS PRESENTATION – Q4-FY25/FY25
Shemaroo: At a Glance
Shemaroo (Pre 2018)
Shemaroo Today (FY25)
B2B DIGITAL SYNDICATION
B2B2C YOUTUBE
B2B2C DTH
DIGITAL
20%
TRADITIONAL
80%
DIGITAL
37%
TRADITIONAL
63%
B2B DIGITAL SYNDICATION
B2B2C YOUTUBE AND FACEBOOK
B2C SHEMAROOME
ME
B2C BROADCASTING
B2B2C DTH
B2B TV SYNDICATION IN-FLIGHT
B2B
TV SYNDICATION IN-FLIGHT
2
Financials Q4-FY25/FY25
3
Q4-FY25/FY25 Key Financial Highlights
Q4-FY25 performance (Consolidated)
FY25 performance (Consolidated)
INR 2,043 Mn Revenue from Operations
INR 24 Mn EBITDA
1.15% EBITDA Margin
INR 6,851 Mn Revenue from Operations
INR (798) Mn EBITDA
(11.64)% EBITDA Margin
INR (51) Mn Net Profit
(2.51)% Net Profit Margin
INR (1.87)/share EPS
INR (850) Mn Net Profit
(12.40)% Net Profit Margin
INR (31.09)/share EPS
Q4-FY25 Profit and Loss includes expenses on new initiatives (net of revenue) - INR 147 Mn
FY25 Profit and Loss includes expenses on new initiatives (net of revenue) - INR 511 Mn
Divisional Breakup (Consolidated):
INR Mn
Q4-FY25
Q4-FY24*
Y-o-Y Growth
FY25
FY24*
Y-o-Y Growth
Digital Media
Traditional Media
Income from Operations
568
1,475
2,043
561
1,428
1,989
1.25%
3.30%
2.72%
2,520
4,331
6,851
2,276
4,796
7,072
* Revenue has been reclassified between Digital Media and Traditional Media for the past periods
10.70%
(9.69%)
(3.12%)
4
Q4-FY25/FY25 Key Operational Highlights
•
•
The Company achieved a 2.72% YoY growth in revenue and a positive EBITDA margin during the fourth quarter of FY25
The earnings were primarily driven by the materialization of deferred B2B deals, enabling the company to post its first positive EBITDA in six quarters—despite the impact of accelerated inventory charge-offs
•
This should be viewed as a non-recurring event, given the nature of the B2B licensing business
• Despite a challenging advertising environment, the company recorded modest gains in its ad-driven businesses, supported by improved
viewership
• However, given the ongoing macroeconomic pressures, geopolitical tensions, and major sporting events like the IPL, the overall
advertising outlook is expected to remain subdued in the near term, particularly for non-sports categories
•
•
•
Furthermore, the return of the major broadcasters’ GECs to the Free Dish platform is expected to affect viewership across all categories and lead to redistribution of advertising spends
• We are actively monitoring the impact and are realigning our investment strategy and taking cost rationalization measures as the
market dynamics evolve
The company’s margins are expected to remain under pressure due to the ongoing accelerated inventory charge-offs—a strategic initiative undertaken five quarters ago
•
These charge-offs are accounting adjustments with no effect on content monetization or the Company’s ability to generate free cash flows
Looking ahead to the next fiscal year, the company remains committed to strengthening its balance sheet and enhancing operational efficiencies, positioning itself to unlock substantial long-term intrinsic value
5
Q4-FY25/FY25 Key Operational Highlights (Cont.)
•
ShemarooMe Gujarati
• Released 13 new titles during the quarter with content across movies, web series and plays
• Digital world premiere of blockbuster movies ‘The Great Gujarati Matrimony’, ‘Maru Mann Taru Thayu’, ‘Fodi Laishu Yaar’, ‘Kale
Lagan Chhe!?!’, ‘Ittaa Kittaa’ and release of original web series ‘Arranged With Love’ and ‘Maatli Chirani’
•
YouTube:
•
•
Shemaroo FilmiGaane crossed 71 million subscribers in this quarter
The Company garnered more than 10.5 billion views during the quarter across its portfolio channels
• Broadcasting:
•
•
Shemaroo GEC channels have a viewership share of around 8.2% in the overall Hindi GEC genre
Two original shows were released during the quarter – ‘Bade Haveli ki Choti Thakurain’ and ‘Jamuniya’
6
Shemaroo YouTube Monthly Views
YouTube Views (Sep’18 to Mar’25):
Note: Views excluding Shorts
7
ShemarooMe
• Over 13 new Gujarati movies, web-series, plays released in Q4 FY25
• Digital world premiere of blockbuster movies ‘The Great Gujarati Matrimony’, ‘Maru Man Taru Thayu ’, ‘Fodi Laishu Yaar’,
‘Kale Lagan Chhe !?!’, ‘Itta Kittaa’ and release of original web series ‘Arranged With Love’ and ‘Maatli Chirani’
8
Shemaroo Broadcasting
•
•
Shemaroo GEC channels have a viewership share of around 8.2% in the overall Hindi GEC genre
Two original shows were released during the quarter – ‘Bade Haveli ki Choti Thakurain’ and ‘Jamuniya’
9
Consolidated Quarterly Financial Performance
Particulars (INR Mn)
Revenue from Operations
Total Expenses
EBITDA
EBITDA Margin (%)
Other Income
Depreciation
Finance Cost
PBT
Tax
PAT
Minority Interest & Share of profit/ (loss) in associate company
PAT after adjustments
PAT Margin (%)
Comprehensive Income
Total Profit including Comprehensive Income( Net of tax)
EPS (INR)(not annualised)
Q4-FY25
Q3-FY25
Q-o-Q
Q4-FY24
Y-o-Y
2,043
2,019
24
1,644
2,067
(423)
24.3%
(2.3%)
105.6%
1,989
2,064
(75)
1.15%
(25.72)%
2,687 bps
(3.79)%
37
15
96
(50)
(0)
(49)
2
(51)
30
15
100
(508)
(143)
(365)
(2)
(364)
25.8%
(1.5%)
(4.2%)
90.2%
99.9%
86.4%
208.9%
85.9%
8
14
88
(169)
(30)
(139)
4
(143)
2.7%
(2.2%)
131.3%
494 bps
342.4%
7.0%
8.9%
70.6%
99.4%
64.4%
(55.3%)
64.2%
(2.51%)
(22.13)%
1,962 bps
(7.18)%
468 bps
(0)
(51)
(1.87)
1
(126.3%)
(363)
(13.30)
85.9%
85.9%
(8)
(151)
(5.25)
98.2%
65.9%
64.3%
10
Consolidated Yearly Financial Performance
Particulars (INR Mn)
Revenue from Operations
Total Expenses
EBITDA
EBITDA Margin (%)
Other Income
Depreciation
Finance Cost
PBT
Tax
PAT
Minority Interest & Share of profit/ (loss) in associate company
PAT after adjustments
PAT Margin (%)
Comprehensive Income
Total Profit including Comprehensive Income( Net of tax)
EPS (INR)(not annualised)
FY25
FY24
Y-o-Y
6,851
7,649
(798)
(11.64%)
84
60
370
(1,143)
(299)
(845)
5
(850)
(12.40%)
(2)
(852)
(31.09)
7,072
7,075
(3)
(0.04)%
49
56
363
(373)
26
(399)
7
(407)
(5.75)%
(11)
(417)
(14.94)
(3.1%)
8.1%
NA
(1,168 bps)
72.7%
8.6%
1.8%
(206.7%)
NA
(111.6%)
(34.1%)
(108.9%)
(665 bps)
78.8%
(104.1%)
(108.2%)
11
Historical Consolidated Income Statement
Particulars (INR Mn) Revenue from Operations
Total Expenses
EBITDA
EBITDA Margin (%)
Other Income
Depreciation
Finance Cost
PBT
Tax
PAT
Minority Interest & Share of profit/ (loss) in associate company
PAT after adjustments
PAT Margin (%)
Comprehensive Income
Total Profit including Comprehensive Income (Net of tax)
EPS (INR) (not annualised)
FY23
FY24
FY25
5,566
5,093
473
8.49%
34
52
307
148
53
96
(2)
94
1.68%
(9)
85
3.45
7,072
7,075
(3)
(0.04%)
49
56
363
(373)
26
(399)
7
(407)
(5.75%)
(11)
(417)
(14.94)
6,851
7,649
(798)
(11.64%)
84
60
370
(1,143)
(299)
(845)
5
(850)
(12.40%)
(2)
(852)
(31.09)
12
Historical Consolidated Balance Sheet
Equity and Liabilities (INR Mn)
FY23
FY24
FY25
Shareholders Fund Share Capital Other Equity Total Equity
Non-controlling interest
Non-Current Liabilities Long Term borrowings Lease Liability Deferred tax liabilities (Net) Other Non-Current Liabilities Long tem provisions Total Non-Current Liabilities Current Liabilities Short Term Borrowings Trades payables Other Financial Liabilities Lease Liability Other Current Liabilities Short Term Provisions Total Current Liabilities Total
272 5,647 5,919
(45)
126 1 - 23 20 169
3,002 939 94 1 288 16 4,341 10,385
272 5,260 5,532
(37)
70 18 - 5 36 129
3,248 1,068 82 6 172 21 4,597 10,220
273 4,444 4,718
(32)
57 17
14 36 124
2,945 685 27 7 165 23 3,852 8,661
Assets (INR Mn) Non-Current Assets Fixed Assets Property, Plant & Equipment Capital WIP Intangible assets Investment Property Right of use assets Investments Long Term Loan and Advances Other Financial Assets Other Non-Current Assets Deferred tax assets (net) Total Non-Current Assets Current Assets Inventories Trade Receivables Cash and Cash Equivalents Other Bank Balances Short Term loan and advances Other Financial Assets Current Tax Assets (Net) Other Current Assets Total Current Assets Total
FY23
FY24
FY25
350 11 6 1 2 25 1 8 11 28 444
7,346 1,268 9 12 120 146 472 567 9,941 10,385
410 - 9 1 23 25 1 44 3 114 630
6,823 1,453 2 - 126 116 427 644 9,590 10,220
383 - 8 1 21 1 2 97 2 420 936
5,683 1,060 12 13 124 296 147 390 7,725 8,661
13
Historical Consolidated Financial Charts
Operational Revenue (INR Mn)
EBITDA (INR Mn) and EBITDA Margin (%)
7,072
6,851
5,566
3,814
3,111
FY21
FY22
FY23
FY24
FY25
Net Worth (INR Mn) and ROCE (%)
5,818
4.94%
5,919 7.04%
5,763
0.87%
5,532
-1.00%
4,718
6,000
4,250
2,500
750
-1,000
FY21
FY22
FY23
FY24
FY25 -16.45%
10.00%
5.00%
0.00%
-5.00%
-10.00%
-15.00%
-20.00%
800
400
-
-400
-800
-1,200
300
-
(300)
(600)
(900)
9.40%
358
8.49%
473
4.04% 126
15.0%
10.0%
5.0%
0.0%
-5.0%
-10.0%
-15.0%
-3
-0.04%
-798
-11.64%
FY21
FY22
FY23
FY24
FY25
PAT (INR Mn) and EPS (INR)
1.94
53
(215)
(7.90)
94
3.45
(407)
(14.94)
10.00
5.00
-
(5.00)
(10.00)
(15.00)
(20.00)
(25.00)
(30.00)
(35.00)
(40.00)
(850)
(31.09)
FY21
FY22
FY23
FY24
FY25
14
1 Year Stock Market Performance (as on 31st March 2025)
Capital Market Data
50%
40%
30%
20%
10%
0%
-10%
-20%
-30%
-40%
Apr-24
May-24
Jun-24
Jul-24
Aug-24
Sep-24
Oct-24
Nov-24
Dec-24
Jan-25
Feb-25
Mar-25
Shemaroo
Sensex
Shareholding Pattern (As on 31st March, 2025)
Price Data (As of 31st March 2025)
Face Value
Market Price
52 Week H/L
Market Cap (INR in Mn)
Equity Shares Outstanding (in Mn)
1 Year Avg. Trading Volume ('000)
INR
10.00
91.85
214.7/88.45
2,509.37
27.32
116.40
Public-Others 34.43%
Promoters 65.54%
FPI 0.03%
15
Disclaimer
Shemaroo Entertainment Limited
No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of Shemaroo Entertainment Limited (“Company” or “Shemaroo”), which are expressed in good faith and in their opinion reasonable, including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment.
Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company’s business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments.
This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration there from.
This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner.
Valorem Advisors Disclaimer:
Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review.
For further information please contact our Investor Relations Representative:
Mr. Anuj Sonpal Valorem Advisors Tel: +91-22-4903-9500 Email: shemaroo@valoremadvisors.com Investor Kit Link: www.valoremadvisors.com/shemaroo
16
THANK YOU